| Govt to tap WTO to attract foreign investment
By Sajid Chaudhry
March 23, 2005 ISLAMABAD: The government has decided to extend foreign direct investment opportunities to member countries of the World Trade Organisation some time in May. The opportunities will be in eight major areas of the services sector, under the General Agreement on Trade and Services, a senior official told Daily Times on Tuesday. Pakistan has delayed such offer by about a year and a half while other WTO member countries have already submitted their offers to the WTO Secretariat. The official said Pakistan would open up the financial, transport, telecommunication, education, legal, accounting, health and environment service sectors. “The government will extend lucrative offers in these areas to attract foreign investment. The offers will be open to everyone and will not be withdrawn in any case,” he said. Read the full story here.
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